IFR Magazine – June 08, 2019

BONDS SUMMARY DETAILS

Pricing steps NIP (bp) Book size Ratings Bookrunners Distribution

SONIA+22 area (I/G) - >£1bn, 45acs combined Aaa/AAA Citi/JPM/NatWest UK 96%, Eur 4%. Bks 91%, AM 9%.

G+39 area 0 >£1bn, 45acs combined Aaa/AAA Citi/JPM/NatWest UK 65%, Eur 20%, Amers 10%, Asia

5%. Bks 55%, CB/OI 27%, Ins/PF 10%,

AM 8%.

• 
  
  
  
  • 
    
    
    
    • Aaa/AAA/Scope
      AAA
    
    
    
    
  
  
  
  

Barc -

MS+12 area - - ZKB AAA ZugKB -

EFP+83.5 area - - NAB -

• 
  
  
  
  • 
    
    
    
    • Aaa/AA+ HCM/SEB -
    
    
    
    
  
  
  
  


• 
  
  
  
  • 
    
    
    
    • Aaa/AA+ HCM/SEB -
      AONIA+38/43 - 17acs Aa1/AA+ UBS Oz 88%, EEMEA 7%, Asia 5%. Bks 6%,
      AM 13%, OI 9%, Trading 6%, MM 6%.
      ASW+33 - - Aaa/AAA Nom -
    
    
    
    
  
  
  
  

ASW+41 - - Aaa/AAA/AAA TD -

T+155/160,

T+150 (+/-5)

• 
  
  
  
  • A3/A- BAML/JPM -
  
  
  
  

T+105/110,

T+95

9 U$3.2bn A2/A BAML/Barc/JPM/MS -

T+130 area,

T+120

8 U$900m A2/A BAML/Barc/JPM/MS -

T+115/120,

T+105 (+/-2)

8 U$2bn Baa1/BBB Barc/GS/JPM/MS; + USB/Williams/

Misch

• 
  

T+145/150,

T+130 (the #)

10 U$2.2bn Baa1/BBB+ MUFG/Miz/PNC/Scotia/TD -

T+175/180,

T+162

9 U$1.5bn Baa1/BBB+ MUFG/Miz/PNC/Scotia/TD -

T+ 130 area,

T+115 (+/-5)

2 - A3/A- BAML/Jeff/ USB -

2mL+Equiv - U$1bn A2/A/A Citi/GS/HSBC/JPM -

T+60/65,

T+50

2 U$1bn A2/A/A Citi/GS/HSBC/JPM -

T+90/95,

T+80 (+/-5)

2 U$2.5bn A2/A/A Citi/GS/HSBC/JPM -

T+140 area,

T+125 (+/-5)

5 U$800m A3/BBB+/A MUFG/JPM/USB -

T+200 area,

T+170 (the #)

• 
  
  
  
  • 
    

    Ba1/BBB-/BBB- Barc/Citi/CS/JPM/Miz(a), BMO/
    BNPP/CA-CIB/DB/GS/MS/MUFG/
    Natx/RBC/STRH(p)

    
    
  
  
  
  

T+250 area,

T+220

• 
  
  
  
  • 
    

    Ba1/BBB-/BBB- Barc/Citi/CS/JPM/Miz(a), BMO/
    BNPP/CA-CIB/DB/GS/MS/MUFG/
    Natx/RBC/STRH(p)

    
    
  
  
  
  

T+230 area,

T+215/220

5 U$1.4bn Baa3/BBB/BBB Citi/HSBC/TD/WFS -

T+280 area,

T+275 (the #)

13 US$800m Baa3/BBB/BBB Citi/HSBC/TD/WFS -

T+235 area,

T+210 (+/-5)

• U$9.1bn Baa3/BBB-/BB+ BAML/Citi/JPM -

T+280 area,

T+260 (+/-5)

• U$5.9bn Baa3/BBB-/BB+ BAML/Citi/JPM -

T+290 area,

T+275 (+/-5)

• U$6.3bn Baa3/BBB-/BB+ BAML/Citi/JPM -

T+105 area,

T+90

4 U$4.2bn Baa1/A Barc/JPM -

T+140 area,

T+117bp

7 U$5.2bn Baa1/A Barc/JPM -

T+165 area,

T+145

7 U$3.7bn Baa1/A Barc/JPM -

T+160 area,

T+145 (the #)

6 U$1.3bn A2/A BAML/Citi/JPM/Miz/RBC/SG -